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BNP Paribas Wealth Management wins private bank awards for Europe, North Asia

  /  October 25, 2014  /  Business  /  No Comments

Awards confirm their position as a “reference private bank”, say Wealth Management co-CEOs

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Business community rejects independent trade unions

  /  October 21, 2014  /  Business  /  No Comments

Egyptian Federation for Independent Trade Unions member says business community should not decide for the workers on representation

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Housing ministry’s services automated after 1 year: Minister

  /  October 21, 2014  /  Business  /  No Comments

Ministries of Housing and Planning sign two-year agreement to develop citizen and investor services

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Egypt-Israel gas deal won’t happen without state’s approval: Petroleum ministry

  /  October 20, 2014  /  Egypt, Politics  /  No Comments

Israeli energy company Delek says purchased gas will be supplied to industrial consumers in Egypt

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Exporting rice “harder” under new ministry guidelines: Vice Head of Rice Division

  /  October 19, 2014  /  Business  /  No Comments

Head of Citizens Against Price Rises Association expected that rice prices in the local market will significantly increase

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First phase of Arabtec housing project to start before year-end

  /  October 19, 2014  /  Business  /  No Comments

UAE company will provide New Urban Communities Authority with housing units and public services

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Employment challenges in MENA linked to economic governance: World Bank

  /  October 18, 2014  /  Business  /  No Comments

Governments can help job creation by reforming policies protecting politically-connected companies, World Bank study says

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Egypt’s exports fall 14% in September, under target

  /  October 15, 2014  /  Business  /  No Comments

The figure for first nine months of 2014 is under ministry expectations of $18.6bn target

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Mehleb forms parliamentary election districts committee

  /  October 15, 2014  /  Egypt, Politics  /  No Comments

The law for election districts is to be final

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Conflicting reactions to new fees on imported steel

  /  October 14, 2014  /  Business  /  No Comments

Egyptian steel importers to pay EGP 290 fees per tonne, analysts expect increase in steel prices

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Russia, EU conflict will not pressure Egypt’s economic policies: Analysts

  /  October 13, 2014  /  Business  /  No Comments

Egypt striving for balanced policy with both parties, says researcher at Ahram Centre for Political and Strategic Studies

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Kuwaiti fund to grant Egypt $100m loan for power station

  /  October 12, 2014  /  Business  /  No Comments

Director General of Kuwait Fund Abdul Wahab Al-Bader scheduled to visit Egypt in coming weeks to sign loan agreement

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Income and capital gains tax revenues register EGP 7.8m in July, August

  /  October 12, 2014  /  Business  /  No Comments

Budget revenues increase by 0.7% to reach EGP 34.4bn

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Latest

Appeal against new Investment Law begins on Sunday

  /  October 11, 2014  /  Business  /  No Comments

New law protects “corrupt government contracts” says ECESR

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Egypt to witness huge growth in electronic payments in next 5 years: EMP chairman, Actis partner

  /  October 1, 2014  /  interviews  /  No Comments

The 5th Emerging Markets Payments Conference (EMPC) kicked off on 26 September in Sharm El-Sheikh, gathering key decision makers from banks and electronic payment companies across the Middle East and Africa to discuss opportunities and read the rest…

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Latest

Arabtec to conclude plan for 1m home project in Egypt

  /  September 30, 2014  /  Business  /  No Comments

The $40bn project will be built in 13 locations across Egypt; first homes to be delivered in early 2017, according to Reuters

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Latest

CBE regulates 20m electronic payment cards: Head of CBE payment systems

  /  September 27, 2014  /  Business  /  1 Comment

Electronic payments market in Egypt growing says Ahmed Faragallah

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10% of Egyptians use prepaid Visa cards: MENA director of prepaid products

  /  September 27, 2014  /  Business  /  No Comments

MENA top region for total volume of prepaid card usage with 82.6% growth in the last year, says Sumit Tyagi

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400% increase in mobile payments in 2014: EMP Chairman

  /  September 27, 2014  /  Business  /  No Comments

Around 25% of global economy involves mobile payments, says Paul Edwards

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Political turmoil leads Egypt to drop 6 places in IT services global ranking

  /  September 24, 2014  /  Technology  /  No Comments

Egypt ranks 10th in A.T. Kearney’s 2014 Global Services Location Index

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Latest

World Bank to offer Egypt $1.5bn for housing, sanitation projects

  /  September 23, 2014  /  Business  /  No Comments

Minister of Housing announces the agreement after his return from US visit to meet World Bank officials

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Latest

Informal sector volume records around EGP 1.5tn: ECES

  /  September 23, 2014  /  Business  /  No Comments

Government lost EGP 300bn in potential taxes, according to study

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Egypt’s industrial policies discourage employment: World Bank report

  /  September 20, 2014  /  Business  /  No Comments

50% of Egyptians believe unemployment situation will improve in the next five years, says Gallup survey

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Euromoney Conference: Construction and real estate sectors need better governance: Real estate developers

  /  September 17, 2014  /  Business  /  No Comments

Egypt’s construction and real estate market has growth potential, says real estate company regional director

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Industrial sector, investments will rise when Egypt offers preferential treatment to local products: Trade minister

  /  September 16, 2014  /  interviews  /  No Comments

  Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour told the Daily News Egypt in an interview for the Euromoney supplement that the law offering preferential treatment to local products will be referred read the rest…

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Latest

Egypt takes steps to increase Egyptian products in Russia

  /  September 14, 2014  /  Business  /  No Comments

Industry minister calls on companies exporting to Russia to establish affiliate offices in Moscow to market products

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Government to allocate budget revenues in CBE to Suez Canal investment certificates

  /  September 13, 2014  /  Business  /  No Comments

Ministry of Finance says move comes to ease pressure on the general budget or the Suez Canal Authority after five years

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Egypt to invite IMF to assess economic reforms

  /  September 13, 2014  /  Business  /  No Comments

Ministry of Finance says government will invite IMF before Egypt’s economic summit in February 2015

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FDI doubles to $6bn in 2013/2014

  /  September 8, 2014  /  Business  /  No Comments

New figures indicate good economic and investment situation in Egypt alongside increased number of companies established

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Electricity loads increase 8% annually, cause outages: Former electricity minister

  /  September 7, 2014  /  Business  /  No Comments

Ahmed Emam says that fuel supplies to power station annually decrease by 6% besides increasing malfunctions of stations due to maintenance works

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